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Car Payment Calculator, Car Affordability Calculator, NADAguides, car note calculator.#Car #note #calculator


Car Payment and Affordability Calculator

When you’re in the market for new or used cars, it can get rather daunting when you have no idea where to start. One of the keys to a successful car purchase is knowing what you can afford. This car payment calculator takes all the hard work out of making a sound financial decision. Simply enter in your desired monthly payment or vehicle price and it will return your results. In addition to finding results, we will present you with a list of recommended vehicles that is tailored to your budget.

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car note calculator

Car Payment and Affordability Calculator Help

Auto Ownership Education Center

This tool provides estimated monthly payments and estimated APRs for illustrative purposes only. Actual price and payments may be different due to local rebates, specials, fees, and credit qualifications. Consult your dealer for actual price, payments, and complete details.

Pricing shown may exclude a document fee, destination/delivery charge, taxes, title, registration, service contracts, insurance or any outstanding prior credit balances. Optional equipment not included. Option pricing is based on the manufacturer’s suggested retail price.

For purposes of calculating your monthly payment, the estimated Manufacturer’s Suggested Retail Price (MSRP) was used. Not all terms are available in all areas. Terms may vary based on creditworthiness.

The price shown is for qualified, eligible customers. Actual dealer price will vary.

Many variables, including current market conditions, your credit history and down payment will affect your monthly payment and other terms. See your local dealer for actual pricing, annual percentage rate (APR), monthly payment and other terms and special offers. Pricing and terms of any finance or lease transaction will be agreed upon by you and your dealer.

The estimated monthly payment is based upon the credit rating of 800.

An APR is the cost of your credit as a yearly rate. User APR Payment calculations are based an APR and term. The initial APR is provided for estimation purposes only and you may change it at any time. However, you may not be able to finance your vehicle at this rate. See your local dealer for details and actual available terms and conditions.

You may not be able to finance your vehicle at the rate provided.

Incentives and Rebates

Incentive and finance offers shown may not be available to all customers. Incentives lists are examples of offers available at the time of posting and are subject to change.

Not all incentives can be redeemed together. To take advantage of rebates, incentives and/or financing offers you may be required to take new retail delivery from dealer stock by the expiration date noted.

The “Net Trade-in” is an estimate only and many factors that cannot be assessed without a physical inspection of the vehicle may affect actual value. NADAguides is not responsible for and does not guarantee the \”Net Trade-in\” information. Please see your local dealer for information regarding actual trade-in availability and value.

Your ZIP Code helps us calculate your payments and offers.

Photos, Pictures and Vehicle Images

Images shown may not necessarily represent the actual vehicle used to calculate the estimate. Vehicles shown may have optional equipment at additional cost.


Used Car Valuation Calculator, car note calculator.#Car #note #calculator


Used Car Valuation Calculator. Self Valuation of Used Car Price

Car note calculator

Buying or Selling a Used Car. Know how to Self Evaluate the Valuation Price of Used Car Online in India without any Dealer or Broker Assistance

Used Car Valuation

Important factors for both Buyer and Sellers which determines the valuation price of the vehicle.

» Physical Condition of Vehicle: Check and Inspect Interiors, Exteriors, Dents, Paint Peel Off, Rusts

» Drive-ability Condition: Any Noise from Engine, Suspension, Underneath, Cornering, Speed Lag, Glitches in Drive-ability and car value erodes substantially.

» Car Functions: AC, Power Window, Central Lock, Steering, Lights, Indicators, Door Locks etc

» Service History: Are all Scheduled Servicing done on time. Is Authorized Workshop Bills documented

» Accidental History: Insurance Claims – check NCB, Accidental History of Vehicle, Door Panels, Gaps on Body

» Mileage: How many Kms Driven. If less than 200 Kms a month then its a concern too

» Vehicle Model in Production: If vehicle Model is discontinued, then the Spare Parts are slight costlier. Even in case of Maruti or Hyundai – for Esteem or Accent – Spares are slight costlier than the existing similar range. Same for other Manufacturer Models too

» RC Details: 1st Original Owner or 2nd Owner. Do not miss to tally on ID Proof of Buyer with RC. Also check Bank Hypothecation, tally on Insurance Chassis number and RC Chassis number with Imprint of Car Chassis number

Self Valuation of Used Car

Valuation Grid is dependent on Net On road Price, after Discounts of New Car Model (or existing comparable similar Model)

Below Valuation Grid is Updated for Used Car Purchase and Sale in 2017 – after NGT Recommendation of Ban on Plying of 10yr Old Diesel 15 yr Old Petrol Cars

RTO Offices in Most of Cities are now denying Re-registration of 15 yr Old Cars. Also 10yr Old Diesel Cars are been imposed a ban

Petrol Car Valuation Grid

Note: Scrap Value is of Rs 15K – 25K in most of Hatch, Premium Hatch, Compact Sedan. While Rs 50K for Mid SUV, Mid Sedan, Executive Segment

How to Get Better Valuation Price

First Impression: The First and Foremost. First Impression is Last Impression. Get the Car Cleaned from Interiors, Exteriors Washed with Minor Dents removed, Paint touch up, Add on Perfume, Floor Carpets Cleaned. These Small things can help in jacking up Price to as high as 10K – 15K on Hatch and even 20K – 25K on Sedan Cars.

Remember – No Individual would be much inclined to give you the fair price of the car, what so ever – less driven or highly fuel efficient if the body condition, interiors and exteriors are not good.

Tyre Condition: Tyre Condition matters a lot. If replaced tyres less than 20K Kms or less than 2 yrs – have the bill documented. You can jack up the price by Rs 10K

Vehicle Service History: If Entire Service History is documented with all previous Services were Scheduled on time, you can jack up the resale price to reasonable levels of as high as

5% over and above the Fair resale value. (4 to 7 yr OId Petrol, 3 to 5 yr Old Diesel)

10% over and above the Fair resale Value (8 to 12 yr Old Petrol, 6 to 8 yr Old Diesel)

Wear Tear Items : Matters highly especially to Individual Buyers – if Clutch Overhaul, Brake Pads, AC Servicing, Suspension related Work, Drive Belts, Battery etc were replaced in last 10K – 15K Kms or less than 2 yr whichever earlier – do highlight. Highlight the niggle free work for buyer.

It would help in negotiating the price value with an edge to Seller


Car Loan Calculator – Loan Payment Estimator, car note calculator.#Car #note #calculator


car note calculator

Car note calculator

The first step is to enter the details of the proposed car loan in the fields to the left:

  • Vehicle Price – The price that you will pay for your vehicle
  • Down Payment – The amount of money that you will be putting down yourself on the car
  • Trade In – If you will be trading in your current car, put its expected value here
  • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
  • Interest Rate – The interest rate that you will pay on the loan
  • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
  • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
  • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

Once you enter your details click “Calculate” and your loan information will be generated.

Understanding the Results

There are four main sections in the results:

Loan Summary

This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

Cost Breakdown Chart

This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

Principal Balances Chart

This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

Amortization Tables

The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

Final Note

While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.


Used Car Valuation Calculator, car note calculator.#Car #note #calculator


Used Car Valuation Calculator. Self Valuation of Used Car Price

Car note calculator

Buying or Selling a Used Car. Know how to Self Evaluate the Valuation Price of Used Car Online in India without any Dealer or Broker Assistance

Used Car Valuation

Important factors for both Buyer and Sellers which determines the valuation price of the vehicle.

» Physical Condition of Vehicle: Check and Inspect Interiors, Exteriors, Dents, Paint Peel Off, Rusts

» Drive-ability Condition: Any Noise from Engine, Suspension, Underneath, Cornering, Speed Lag, Glitches in Drive-ability and car value erodes substantially.

» Car Functions: AC, Power Window, Central Lock, Steering, Lights, Indicators, Door Locks etc

» Service History: Are all Scheduled Servicing done on time. Is Authorized Workshop Bills documented

» Accidental History: Insurance Claims – check NCB, Accidental History of Vehicle, Door Panels, Gaps on Body

» Mileage: How many Kms Driven. If less than 200 Kms a month then its a concern too

» Vehicle Model in Production: If vehicle Model is discontinued, then the Spare Parts are slight costlier. Even in case of Maruti or Hyundai – for Esteem or Accent – Spares are slight costlier than the existing similar range. Same for other Manufacturer Models too

» RC Details: 1st Original Owner or 2nd Owner. Do not miss to tally on ID Proof of Buyer with RC. Also check Bank Hypothecation, tally on Insurance Chassis number and RC Chassis number with Imprint of Car Chassis number

Self Valuation of Used Car

Valuation Grid is dependent on Net On road Price, after Discounts of New Car Model (or existing comparable similar Model)

Below Valuation Grid is Updated for Used Car Purchase and Sale in 2017 – after NGT Recommendation of Ban on Plying of 10yr Old Diesel 15 yr Old Petrol Cars

RTO Offices in Most of Cities are now denying Re-registration of 15 yr Old Cars. Also 10yr Old Diesel Cars are been imposed a ban

Petrol Car Valuation Grid

Note: Scrap Value is of Rs 15K – 25K in most of Hatch, Premium Hatch, Compact Sedan. While Rs 50K for Mid SUV, Mid Sedan, Executive Segment

How to Get Better Valuation Price

First Impression: The First and Foremost. First Impression is Last Impression. Get the Car Cleaned from Interiors, Exteriors Washed with Minor Dents removed, Paint touch up, Add on Perfume, Floor Carpets Cleaned. These Small things can help in jacking up Price to as high as 10K – 15K on Hatch and even 20K – 25K on Sedan Cars.

Remember – No Individual would be much inclined to give you the fair price of the car, what so ever – less driven or highly fuel efficient if the body condition, interiors and exteriors are not good.

Tyre Condition: Tyre Condition matters a lot. If replaced tyres less than 20K Kms or less than 2 yrs – have the bill documented. You can jack up the price by Rs 10K

Vehicle Service History: If Entire Service History is documented with all previous Services were Scheduled on time, you can jack up the resale price to reasonable levels of as high as

5% over and above the Fair resale value. (4 to 7 yr OId Petrol, 3 to 5 yr Old Diesel)

10% over and above the Fair resale Value (8 to 12 yr Old Petrol, 6 to 8 yr Old Diesel)

Wear Tear Items : Matters highly especially to Individual Buyers – if Clutch Overhaul, Brake Pads, AC Servicing, Suspension related Work, Drive Belts, Battery etc were replaced in last 10K – 15K Kms or less than 2 yr whichever earlier – do highlight. Highlight the niggle free work for buyer.

It would help in negotiating the price value with an edge to Seller


Car Loan Calculator – Loan Payment Estimator, car note calculator.#Car #note #calculator


car note calculator

Car note calculator

The first step is to enter the details of the proposed car loan in the fields to the left:

  • Vehicle Price – The price that you will pay for your vehicle
  • Down Payment – The amount of money that you will be putting down yourself on the car
  • Trade In – If you will be trading in your current car, put its expected value here
  • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
  • Interest Rate – The interest rate that you will pay on the loan
  • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
  • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
  • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

Once you enter your details click “Calculate” and your loan information will be generated.

Understanding the Results

There are four main sections in the results:

Loan Summary

This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

Cost Breakdown Chart

This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

Principal Balances Chart

This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

Amortization Tables

The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

Final Note

While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.


Car Loan Calculator – Loan Payment Estimator, car note calculator.#Car #note #calculator


car note calculator

Car note calculator

The first step is to enter the details of the proposed car loan in the fields to the left:

  • Vehicle Price – The price that you will pay for your vehicle
  • Down Payment – The amount of money that you will be putting down yourself on the car
  • Trade In – If you will be trading in your current car, put its expected value here
  • Owed on Trade – If you will be trading in and owe money on that vehicle, enter the amount here
  • Interest Rate – The interest rate that you will pay on the loan
  • Sales tax – The amount of sales tax levied in your area, this will be added to the vehicle price
  • Term (Months) – The number of months that your loan will run over, typical terms for a car loan are 36, 48 or 60 months
  • Start Date – This is the day that you sign your car loan contract, the first payment will come due one month later

Once you enter your details click “Calculate” and your loan information will be generated.

Understanding the Results

There are four main sections in the results:

Loan Summary

This section gives you a brief summary of the proposed auto loan which includes the expected monthly payment, the total cost of the loan, total interest paid over the life of the loan and the date that the loan will be paid off in full. If you are simply trying to determine the monthly payment then this section is all you will need.

Cost Breakdown Chart

This pie chart provides a visualization of the total costs showing both the principal and interest paid over the term of your contract.

Principal Balances Chart

This chart shows you the balance of your loan at the end of each month over the term. Hovering the mouse over the line will popup a tooltip with the exact balance amount.

Amortization Tables

The final section is the amortization tables, there are three tabs here, the first shows your car loan amortized yearly, the second shows the monthly amortization for people who need full details and the third provides some further information breaking down all of the costs individually.

Each row on these amortization tables gives you a snapshot of your loans position at the end of the specified year or month and tells you exactly how much principal and interest you would pay, and the remaining balance at that point in time.

Final Note

While this auto loan calculator should be highly accurate and give you a solid idea about the costs of a proposed car loan, it is not professional advise and should not be relied upon when making your final purchasing decision. Always talk to a professional directly and fully understand what you are getting into before signing a loan contract.


Car loan repayment calculator – Car finance calculator, Esanda, car note calculator.#Car #note #calculator


Car loan repayment calculator

Estimate your monthly repayments with our car loan repayment calculator. If you have not yet contacted us for an indicative rate but wish to estimate repayments, our rates start from Car note calculator(View current rates) % p.a. (comparison rate Car note calculator(View current rates) % p.a. * ). Your actual interest rate and repayments will depend on Esanda’s credit assessment of your application.

Quick response

Peace of mind

Note: A balloon amount is only available to approved applicants and is subject to several factors considered as part of your loan application. A Balloon is only available on a loan term of 1 to 5 years.

  1. This calculator is provided for illustrative purposes only and does not constitute a quote. Information provided by this calculator is based on the accuracy of information provided by you and does not take into account your personal needs and financial circumstances.
  2. Esanda will not store the information provided in this calculator.
  3. Additional fees and charges apply.
  4. All applications are subject to Esanda’s normal credit approval criteria.
  5. This calculator is not applicable for Novated Lease

* Comparison rate shown for a secured loan on a loan amount $30,000 over a term of 5 years based on monthly repayments. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

2015 Copyright Esanda, a division of Australia and New Zealand Banking Group Limited ABN 11 005 357 522.


Soap Note Example #soap #note #example, #soap #notes, #counseling #forms, #soap #note #forms


#

SOAP Note Example

SOAP Note Example for Mental Health Care Professionals

UPDATED WITH 2013 CPT CODES

SOAP notes. are a specific format used for writing a progress note. This packet of 8 professionally created SOAP notes and Progress Notes can be downloaded and customized with your letterhead immediately. These notes were created for mental health care professionals: counselors, social workers, psychologists etc. They were created in Microsoft Word and are Windows and Macintosh compatible.These notes are streamlined to make the job of documenting your therapy sessions quick and easy and therapeutically sound.

Click the Buy Now button below to purchase this packet of SOAP Notes for only $15.97

Don t have Microsoft Word Not technically Savvy ?
No problem, if you are looking for basic forms and do not need to add your letterhead or can use a STAMP to add your name and credentials then this kit will also work perfectly for you. Just print and use as is.

Here a SOAP note example refers to documenting the following data after your session:

  • Subjective referring to what your client tells you
  • Objective What you the clinician observed especially regarding the subjective
  • Assessment Your clinical assessment, bridging the objective and subjective
  • Plan Your clinical plan, recommendations, interventions etc.

The SOAP notes and progress notes included in this professional package are formatted for both printing out and writing notes by hand or typing on your computer (aka automated notes). The package includes separate note templates for:

  • Conjoint sessions
  • SOAP note format
  • Progress note alternative format

Each clinical note has a separate section to document or check off:

  • Client name, date and time of appointment
  • CPT code for the service rendered
  • Mental status etc.
  • Danger to self
  • Interventions
  • Response to intervention
  • Client concerns
  • Fees collected
  • Next appointment
  • and more

This package of 8 Professional SOAP notes and Progress notes can be downloaded now for $15.97 and come with a risk free, 30 day guarantee. Click Here to see a sample of the form.

Click the Buy Now button below to purchase this packet of SOAP Notes:

Here is a SOAP note example :

  • S. CL stated, I ve been feeling more anxious this week.
  • O. Counselor observed the client was wringing hands, having difficulty concentrating, and spoke rapidly. CL described fear of losing her job and housing. CL also reports drinking 3-5 cups of caffeinated coffee daily this week.
  • A. Based on CL report and this counselors observations CL s anxiety has increased in level of severity but continues to meet criteria for GAD.
  • P. Made referral to primary care physician for physical exam to rule out thyroid or other medical condition. Continue to address therapy goals of reducing anxiety through CBT. Add goal for nutritional therapy. Client reported she will practice relaxation exercises daily, cut back on coffee and replace with water.

Download the 8 template SOAP Note and Progress Note Kit now and receive the following templates:

  • SOAP note for printing out and handwriting note
  • Automated SOAP note for typing on computer
  • Conjoint SOAP note for printing out and handwriting note
  • Automated Conjoint SOAP note for typing on computer
  • Progress note for printing out and handwriting note
  • Automated Progress note for typing on computer
  • Conjoint Progress note for printing out and handwriting note
  • Automated Conjoint Progress note for typing on computer

Comments are closed.


Free Promissory Note and Loan Agreement Forms #loan #comparison #sites


#loan agreement sample
#

Free Promissory Note Forms

A promissory note is an acknowledgment of debt with a written and unconditional promise to repay a loan or debt in a specified manner. It may also be called a loan agreement or personal loan agreement.

An IOU on the other hand, only acknowledges that money is owed, but makes no promises on how or when the loan will be repaid.

Our selection of free promissory notes and loan agreements can be downloaded instantly and used as templates or sample documents to compile your own Notes.

However! It is always advisable to consult with an attorney to ensure your documents meet all the legal requirements in your jurisdiction.

Important Note: Refer to our guidelines as to the interest charges and late fees to ensure you stay within the legal allowable percentage as per usury law. You should also consider the advantages of a secured loan (vs an unsecured loan) and having co-signors or a guarantor for your loan.

Free Promissory Note Templates and Related Free Legal Forms:

  • Personal Loan Agreement – Guidelines on the various repayment options
  • Demand Note – Sample document that calls for a single repayment of the amount due
  • Installment Note – Makes provision for equal multiple payments over a period of time
  • Installment Form – Multiple payments and then a final balloon payment
  • Employee Loan Agreement – Specifically tailored to allow an employee to offset payments against a salary
  • Secured Note – Guidelines to assist you with your security agreement
  • Security Agreement – Where Borrower retains possession of the collateral
  • Security Agreement – Where Lender takes possession of the collateral
  • Note Guaranty – Where a third party undertakes to make payment in case of default
  • Printable Receipt – For loan payments received
  • Notice of Default – Required before taking legal action
  • Promissory Note Release – Issued upon full and final settlement of the loan
  • Lien Release – Upon full payment and if a lien was recorded
  • Affidavit of Loss – To certify to a lost Note

Interest Charges and Late Fees

It is acceptable practice to charge interest or late fees on loans. The maximum allowable percentage is determined by usury law in your state or country. Contravening usury laws by charging unacceptably high interest may be a criminal offense. If a court rules your rates as unlawful, all the interest payments on the loan may be offset against the principal loan amount.

The interest rates charged by banks, credit card companies, pawn brokers etc. may be higher than that allowed between individuals and cannot be used as benchmark.

You can extend an interest free loan to a family member or friend. However, the Receiver of Revenue may “assume” that you collected interest and tax you accordingly. To avoid being taxed on unearned interest, you can treat the unearned interest portion as a tax-free gift, but you need to:

  • Document your loan as interest free
  • Ensure that the total interest (as would normally be applicable) does not exceed the amount permissible for tax-free gifts in a calendar year.

Secured Loans vs Unsecured Loans

If the borrower were to petition for bankruptcy or is declared bankrupt, any available money (from liquidated assets etc.) will first go towards secured loans. So, if your loan agreement is unsecured and there are no co-signors or guarantors to assume responsibility, you may not be able to collect any money.

For smaller or personal loans, the borrower may offer tangible goods such as jewelry, electronic equipment, a vehicle etc. as collateral to secure a loan. A UCC (Uniform Commercial Code) filing serves as public record that the goods described are attached as security or collateral against a Note.

In the case of large business loans or real estate loans, you must consult with an attorney. It is vital that a UCC is filed against business loans. Your lawyer will ensure that corporate shareholders or limited liability members personally guarantee any loans. Real estate loans must be protected with a mortgage or lien which must be filed with the county recorder’s office or deeds office.

Co-signors and Guarantors

As added security for a loan, you may require/demand that more than one person sign the PN, e.g. husband and wife, student and parents. As co-signors they will then be held jointly and severally responsible.

Alternatively, or in addition, you may have a separate guaranty agreement with a person who will assume full responsibility for repayment of the loan, should the original borrower(s) default.

Before you sign as guarantor to a loan, you need to verify whether you are guaranteeing a once-off fixed amount (with specified interest) or the ongoing indebtedness of a business operation. In the second instance, the onus is on you to monitor the balance sheet and to notify creditors timeously to withhold further extension of credit. Have your guaranty agreement reviewed by an attorney to ensure that you understand and agree to the conditions therein.

As guarantor you cannot cancel a guaranty agreement and will remain liable until the loan has been repaid in full and the note released.

Transferring a Promissory Note

A PN is a negotiable instrument (if properly executed) where the lender can sell, assign, donate, transfer etc. the note to a third party, who becomes the holder in due course. This may be done without obtaining permission from or giving notice to the borrower. The borrower then becomes obligated to the third party for repayment of the loan.

The reverse is not true. The borrower may not transfer the obligations of the Note to another party without prior written consent from the lender.

Lost Notes

If a Note is lost, stolen, destroyed or damaged, it does not release the borrower from repayment of the loan. However, to avoid possible disputes, the lender should store a notarized copy in a safe place. Our sample Promissory Notes also make provision for a replacement Note to be executed in case of loss or damage.

Witnesses

As irrefutable proof of your Note, you should have it witnessed by a notary public. If you choose not to have it notarized, you must have it signed by independent witnesses. The lender must not sign as witness.

Payments Received

The borrower must insist on written receipts of payments made, especially in the case of cash payments. Canceled checks, internet payment remittances or bank deposit slips must be stored safely for record keeping. Upon full and final settlement of the loan, a Release must be issued.

Please refer to our Free Legal Forms page for a complete list of all the free contracts available on our site.

Descriptive Titles

The person or entity supplying the goods, money or a service can be called the noteholder or bearer. lender. creditor. payee. promisee. obligee. seller. service provider .

The person or entity who must repay the loan can be called the maker of the Note. borrower. debtor. payer. promisor. obligor. buyer. endorser. customer .

Co-signors of the Note are equally responsible for repayment of the loan.

Guarantors will enter into a separate guaranty agreement with the lender.

The Fine Print

Before you enter into a personal loan agreement or sign a promissory note, be sure that you understand the descriptions, terms and conditions. You must reserve the right to repay the loan sooner than stipulated (prepay) without incurring penalties or being liable for all the interest as calculated over the initial term of the loan.


Installment Loan or Note. #loans #for #bad #credit #instant #decision


#installment loan
#

Installment Loan or Note

Installment Loan or Note

$ ______________ (Loan or Note)                            __________ (Date)

For value received, the undersigned _____________________________________

(“Borrower”), _________________________________________ (Address), promises to pay to the order of ____________________________________( Lender”), the face value of the loan or note of $ _____________ at a monthly interest rate of __% or annual interest rate of __%, in monthly Installments as described further below, to a place designated by Lender, which may from time to time change per the written notice of Lender to Borrower, with the initial address being ___________________________.

Until the Loan or Note is due in full, for whatever reason, the unpaid principal and accrued interest shall be payable in monthly installments (“Installments”), payable on the first of each month (“Installment Due Date”) of $ __________, and continuing until ______________ (“Due Date”), at which time the remaining unpaid principal, interest, and other costs, if any, shall be due in full unless this Note was called earlier per the rights of the Lender under this Agreement.

Any payments on this Note shall first be applied against legal or collection costs until paid in full, as then may be due, and then against outstanding interest until paid in full, as then may be due, and finally applied to the outstanding principal balance.

1.  Prepayment.  The Borrower reserves the right to prepay this Note (in whole or in part) prior to the Due Date with no prepayment penalty.

2.  Collection Costs, Attorney’s Fees, and Late Charge.  If any payment obligation under this Note is not paid when due, the Borrower promises to pay all costs of collection, including reasonable attorney fees, whether or not a lawsuit is commenced as part of the collection process, without protest of any kind, legal or otherwise.  If the note remains unpaid for an additional 30 days after Lender gives demand, the Borrower shall be required to pay a 5% late charge based on the Installment amount.  Each late Installment shall make another 5% due.

3.  Default Events.  If any of the following events of default occur, this Note and any other obligations of the Borrower to the Lender, shall become due immediately, without demand or notice:

1) failure of the Borrower to pay the monthly installment payment on or before the Installment Due Date;

2)    death of the Borrower or Lender;

3)    filing of bankruptcy proceedings involving the Borrower as a Debtor;

4)    application for the appointment of a receiver for the Borrower;

5)    making of a general assignment for the benefit of the Borrower s creditors;

6) insolvency of the Borrower;

7) a misrepresentation by the Borrower to the Lender for the purpose of obtaining or

extending credit.

4.  Borrower Waivers.  Borrower waives presentment for payment, protest, and notice of protest and nonpayment of this Note.

5.  Additional Lender Rights.  No renewal or extension of this Note, delay in enforcing any right of the Lender under this Note, or assignment by Lender of this Note shall affect the liability or the obligations of the Borrower.  All rights of the Lender under this Note are cumulative and may be exercised concurrently or consecutively at the Lender s option.

6.  Notices.

Any notice required by this Agreement or given in connection with it, shall be in writing and shall be given to the appropriate party by personal delivery or a recognized over night delivery service such as FedEx.

If to the Borrower:  ______________________________________________________.

If to the Lender: ________________________________________________________.

7.  No Waiver.

The waiver or failure of either party to exercise in any respect any right provided in this agreement shall not be deemed a waiver of any other right or remedy to which the party may be entitled.

8.  Entirety of Agreement.

The terms and conditions set forth herein constitute the entire agreement between the parties and supersede any communications or previous agreements with respect to the subject matter of this Agreement.  There are no written or oral understandings directly or indirectly related to this Agreement that are not set forth herein.  No change can be made to this Agreement other than in writing and signed by both parties.

9.  Governing Law.

This Agreement shall be construed and enforced according to the laws of the State of ____________________ and any dispute under this Agreement must be brought in this venue and no other.

10.  Headings in this Agreement

The headings in this Agreement are for convenience only, confirm no rights or obligations in either party, and do not alter any terms of this Agreement.

11.  Severability.

If any term of this Agreement is held by a court of competent jurisdiction to be invalid or unenforceable, then this Agreement, including all of the remaining terms, will remain in full force and effect as if such invalid or unenforceable term had never been included.

In Witness whereof, the parties have executed this Agreement as of the date first written above.

_________________________                _______________________

Borrower                            Lender

Installment Loan or Note

Review List

This review list is provided to inform you about the document in question and assist you in its preparation.  The tough language involved in this document is required to improve your chances of collecting on a defaulted note or loan.  The strict terms are required to improve the odds of ultimate collection.

This is a simple straightforward document that only requires the signatures of the party. If you are concerned about any later dispute, and being on the safe side is always prudent, we recommend you obtain a notary verification and signature as well.

Make multiple copies and distribute them to the parties.  You should keep your copies with your corporate or personal records.

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